European Bank for Reconstruction and Development

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    Development partner: European Bank for Reconstruction and Development (EBRD)

    Development/implementing agency

    European Bank for Reconstruction and Development (EBRD), in partnership with the Government of the Republic of Moldova and the beneficiary institutions.

    Contact details

    EBRD Office in the Republic of Moldova

    Address: Business Centre, 127, 31 August 1989 Street, MD-2012, Chișinău, Republic of Moldova

    Phone: +373 (22) 21 00 00

    E-mail: ROChisinauMBX@ebrd.com

    https://www.ebrd.com/home/what-we-do/where-we-invest/moldova.html

    Legal framework for cooperation

    Cooperation between the Republic of Moldova and the EBRD is carried out based on the Agreement Establishing the European Bank for Reconstruction and Development, to which the Republic of Moldova has been a party since 1992, as well as based on country strategies and financing agreements concluded between the EBRD and the authorities or beneficiaries in the Republic of Moldova.

    Strategic programming documents

    European Bank for Reconstruction and Development Country Strategy for the Republic of Moldova for 2023-2028, approved on February 23, 2023.

    Priority sectors / Areas of cooperation

    The EBRD Strategy for the Republic of Moldova (2023-2028) aims to support sustainable economic development and enhance the country's resilience, built upon the following strategic priorities:

    • Enhancing resilience and energy security, and promoting a green economy;

    • Developing inclusive infrastructure to boost economic growth, connectivity, and trade;

    • Supporting the development of a competitive and inclusive private sector, strengthening financial infrastructure, and improving governance.

    Type of funds / financial instruments and assistance modalities

    • Loans

    • Technical assistance

    • Grants

    Programming, approval, and implementation procedures for projects

    Projects financed by the EBRD are implemented by beneficiaries in accordance with the Bank's Procurement Policies and Rules (PPR), under the supervision and review of the EBRD, on the basis of signed financing agreements.

    Other information

    • • The EBRD is the largest institutional investor in the Republic of Moldova, active since 1992;

    • • Investments are focused on infrastructure, energy, finance, and the private sector;

    • • Approximately 67% of the portfolio is in sustainable infrastructure;

    • • The EBRD supports economic reforms and the integration of the Republic of Moldova into the EU market;

    • • Focus on energy security, regional connectivity, and modernization of public services;

    • • The EBRD actively supports the European integration process of the Republic of Moldova through structural investments and reforms.

    Regulatory framework

    Law No. 207-XIII of July 29, 1994 regarding the status, immunity, privileges, and facilities granted to the European Bank for Reconstruction and Development in the Republic of Moldova.

    The financing agreements concluded between the EBRD and the Republic of Moldova or other eligible beneficiaries for each funded project, ratified as necessary in accordance with national legislation. These agreements constitute the legal basis for EBRD operations in the Republic of Moldova.

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